Data as of Oct 28, 2026.
SHV vs XLY: Differences, Returns & Fees
Over the year to Oct 28, 2026, SHV returned +3.6% to XLY's −3.6%; 0% of their weight is in the same names.
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Net assets on Oct 27, 2026: $21.7bn for iShares 0-1 Year Treasury Bond ETF and $22.4bn for State Street Consumer Discretionary Select Sector SPDR ETF.
Pair scorecard
XLY costs 0.07 points a year less; their one-year returns differ by 7.2 points.
| Measure | SHV | XLY |
|---|---|---|
| Return | ||
| Total return, 1 year | +3.6% | −3.6% |
| Drawdown | ||
| Below its high | 6.8%, high on Jan 12, 2026 | |
| Benchmark | ||
| What it tracks | ICE Short US Treasury Securities Index | Consumer Discretionary Select Sector Index |
| Cost and size | ||
| Expense ratio | 0.15% | 0.08% |
| Net assets, as of Oct 27, 2026 | $21.7bn | $22.4bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 68.5% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Jan 19, 2007 to Oct 23, 2026 · 1,031 weekly returnsXLY returned more: +632.6% to +37.2%. SHV swung less: 0.3% to 22.1%. SHV fell less at its worst: −0.4% to −58.4%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | SHV | XLY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +37.2% | +632.6% | XLY | Price change plus distributions, reinvested. |
| Annualized | +1.6% | +10.6% | XLY | Total return as a yearly rate. |
| Price return | +1.4% | +471.1% | XLY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 0.3% | 22.1% | SHV | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 0.2% | 15.0% | SHV | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −0.4% | −58.4% | SHV | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | −0.01 | 0.49 | XLY | Return above Treasury bills per unit of volatility. |
| Sortino | −0.01 | 0.73 | XLY | Return above Treasury bills per unit of downside deviation. |
| Calmar | 4.15 | 0.18 | SHV | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,031 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, SHV and XLY hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
SHV and XLY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
SHV and XLY do different jobs. What does each one do in a portfolio?
- What each follows. SHV follows ICE Short US Treasury Securities Index and XLY follows Consumer Discretionary Select Sector Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 SHV returned +3.6% and XLY −3.6% with distributions reinvested, a gap of 7.2 points.
Data as of Oct 28, 2026.
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SHV
SHV tracks an index of 0-1 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +3.6% with distributions reinvested. The prospectus expense ratio is 0.15% a year.
XLY
XLY tracks an index of Consumer discretionary. Over the year to Oct 28, 2026 it returned −3.6% with distributions reinvested, against +13.6% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 48 positions, with the top ten at 68.5%. It sat 6.8% below its high of Jan 12, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, SHV or XLY?
- In the year to Oct 28, 2026, with distributions reinvested, SHV returned +3.6% and XLY −3.6%.
- Which is cheaper, SHV or XLY?
- XLY is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, SHV against XLY, data as of Oct 28, 2026. https://etfiq.com/compare/any/shv-vs-xly
ETFIQ. (Oct 28, 2026). SHV against XLY. Retrieved from https://etfiq.com/compare/any/shv-vs-xly
[SHV against XLY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/shv-vs-xly)
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